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LG[_6_] October 10th 10 02:57 AM

the american plutocracy
 
bpuharic wrote:
On Sat, 9 Oct 2010 11:06:11 -0400, wrote:


In articleabydnTRIjvxu4i3RnZ2dnUVZ_tadnZ2d@giganews. com,
says...

Why don't we just go back to a time when we actually had a good economy and
do things like they did?

During Eisenhower's tenure the top tax rate was 91%, during Nixon it was
50%, and now we are arguing about whether it should be 35% or 39.6%.

Anybody see a trend?

Your are trying to say that higher marginal tax rates equal prosperity?

How about we go with a flat tax.

the right loves a flat tax because it hits more of the disposable
income of the middle class than it does the rich

more of the reason why the US is becoming a plutocracy

The Government (local, state and

federal) get 15% and no more. At the end of each year the government
gets 15% of each individual's and corporation's gross revenue. The
local, state and federal governments can fight each other for their part
of that 15%. There are no other taxes. No sales taxes, no real estate
taxes, no excise taxes when I purchase new tires.

and what happens to defense, etc., in a recession. the right lives in
a bubble of fairy tales and delusions

and 15%? the US govt spends 20% of GDP now. where you gonna cut 25%
of govt?

go ahead. tell us

I forgot...what sort of boat do you have these days?

LG[_6_] October 10th 10 02:57 AM

the american plutocracy
 
A.Boater wrote:
I have to admit it SOUNDS like a good idea, it just ISN'T. Well, unless you
do it like they are in Europe where you have truly flat rates from 10%
(Bulgaria) and up. The catch is that it must be a flat individual and
corporate tax and it must not exempt tax on monies "earned" almost
exclusively by only those folks and entities in the highest tax brackets.
Thus far, the American "Flat" Tax proposals have been anything but that.

Predominately, they have been right-wing Republican attempts to hoodwink the
middle class into thinking that they will no longer be carrying the country
on their backs. Rather than trying to fix a problem it has been merely and
unfortunately a ruse to continue the status quo.

http://www.wordwiz72.com/flattax.html

I forgot...what sort of boat do you have these days?

bpuharic October 10th 10 03:15 AM

the american plutocracy
 
On Sat, 09 Oct 2010 20:57:21 -0400, LG wrote:

bpuharic wrote:
On Sat, 9 Oct 2010 11:06:11 -0400, wrote:


federal) get 15% and no more. At the end of each year the government
gets 15% of each individual's and corporation's gross revenue. The
local, state and federal governments can fight each other for their part
of that 15%. There are no other taxes. No sales taxes, no real estate
taxes, no excise taxes when I purchase new tires.

and what happens to defense, etc., in a recession. the right lives in
a bubble of fairy tales and delusions

and 15%? the US govt spends 20% of GDP now. where you gonna cut 25%
of govt?

go ahead. tell us

I forgot...what sort of boat do you have these days?


http://www.panoramio.com/photo/37113007

Califbill October 10th 10 07:39 AM

the american plutocracy
 


"LG" wrote in message
...
bpuharic wrote:
On Sat, 9 Oct 2010 11:06:11 -0400, wrote:


In articleabydnTRIjvxu4i3RnZ2dnUVZ_tadnZ2d@giganews. com,
says...

Why don't we just go back to a time when we actually had a good economy
and
do things like they did?

During Eisenhower's tenure the top tax rate was 91%, during Nixon it
was
50%, and now we are arguing about whether it should be 35% or 39.6%.

Anybody see a trend?

Your are trying to say that higher marginal tax rates equal prosperity?

How about we go with a flat tax.

the right loves a flat tax because it hits more of the disposable
income of the middle class than it does the rich

more of the reason why the US is becoming a plutocracy

The Government (local, state and

federal) get 15% and no more. At the end of each year the government
gets 15% of each individual's and corporation's gross revenue. The
local, state and federal governments can fight each other for their part
of that 15%. There are no other taxes. No sales taxes, no real estate
taxes, no excise taxes when I purchase new tires.

and what happens to defense, etc., in a recession. the right lives in
a bubble of fairy tales and delusions

and 15%? the US govt spends 20% of GDP now. where you gonna cut 25%
of govt?

go ahead. tell us

I forgot...what sort of boat do you have these days?


Historically the Fed's spend about 20% of GDP. They are at about 40%
currently, and going higher. The only time we even approached this level of
spending was during WW2. We have to cut government spending and that
includes Social Security and Medicare. those 2 items alone make up 39% of
the Federal budget, while SS and Medicare taxes contribute about 42% of the
Fed's income presently. We have both priced ourselves out of the a lot of
the world market, and the Government entities are taking most of the credit
capitol available. With little money available for business to start or
expand, how are we going to get jobs? I was on Treasure Island today
watching the Blue Angels for Fleet Week here in San Francisco. Looking at
the replacement eastern span of the SF-Oakland Bay Bridge I see the 2 or 3
deck spans already installed. Where were they made? China and barged over
here. Even the local government entities are not supporting US
manufacturers. Why? Cost? Politics? Idiocy? Combination?


bpuharic October 10th 10 11:10 AM

the american plutocracy
 
On Sat, 9 Oct 2010 22:39:12 -0700, "Califbill"
wrote:


?

Historically the Fed's spend about 20% of GDP. They are at about 40%
currently, and going higher. The only time we even approached this level of
spending was during WW2. We have to cut government spending and that
includes Social Security and Medicare.


and defense.

t

nom=de=plume[_2_] October 11th 10 07:28 PM

the american plutocracy
 

"BAR" wrote in message
. ..
In article ,
says...

Why don't we just go back to a time when we actually had a good economy
and
do things like they did?

During Eisenhower's tenure the top tax rate was 91%, during Nixon it was
50%, and now we are arguing about whether it should be 35% or 39.6%.

Anybody see a trend?


Your are trying to say that higher marginal tax rates equal prosperity?

How about we go with a flat tax. The Government (local, state and
federal) get 15% and no more. At the end of each year the government
gets 15% of each individual's and corporation's gross revenue. The
local, state and federal governments can fight each other for their part
of that 15%. There are no other taxes. No sales taxes, no real estate
taxes, no excise taxes when I purchase new tires.

If I know I am going to keep 85% of all of the money I receive I would
be happy.


That's a highly punitive, moronic suggestion. It hurts poorer people and
doesn't solve any problems, besides being unworkable.



LG[_6_] October 12th 10 02:26 AM

the american plutocracy
 
bpuharic wrote:
On Sat, 09 Oct 2010 20:57:21 -0400, wrote:


bpuharic wrote:

On Sat, 9 Oct 2010 11:06:11 -0400, wrote:



federal) get 15% and no more. At the end of each year the government
gets 15% of each individual's and corporation's gross revenue. The
local, state and federal governments can fight each other for their part
of that 15%. There are no other taxes. No sales taxes, no real estate
taxes, no excise taxes when I purchase new tires.


and what happens to defense, etc., in a recession. the right lives in
a bubble of fairy tales and delusions

and 15%? the US govt spends 20% of GDP now. where you gonna cut 25%
of govt?

go ahead. tell us


I forgot...what sort of boat do you have these days?

http://www.panoramio.com/photo/37113007

Functional and enjoyable. WAFA hates them - floating RV, was it?

bpuharic October 12th 10 02:57 AM

the american plutocracy
 
On Mon, 11 Oct 2010 20:26:23 -0400, LG wrote:

bpuharic wrote:
On Sat, 09 Oct 2010 20:57:21 -0400, wrote:

go ahead. tell us


I forgot...what sort of boat do you have these days?

http://www.panoramio.com/photo/37113007

Functional and enjoyable. WAFA hates them - floating RV, was it?


pretty much. rustic but serviceable...besides when you have 2 50 pound
poodles sharing the boat with you, neatness doesn't count!


Secular Humouresque October 15th 10 03:11 AM

Outsourcing is good for the American Economy!
 
On 10/14/10 9:09 PM, A.Boater wrote:
Or at least the Chamber of Commerce, who is taking hundreds of thousands in
foreign support says so:

http://www.youtube.com/watch?v=KlHAekiDg74



Does that surprise you?

--
I'm not a warlock . . . I'm you!

Lil Abner October 15th 10 04:27 AM

Outsourcing is good for the American Economy!
 
On 10/14/2010 9:09 PM, A.Boater wrote:
Or at least the Chamber of Commerce, who is taking hundreds of thousands in
foreign support says so: of w

http://www.youtube.com/watch?v=KlHAekiDg74

How many continue to believe the words and not the reports all across
the Country of the blessing Globalism is...not.
The 15,000 Americans that showed up for a possible minimum wage, part
time, no benefits, jobs at McDonalds, The numerous reports of families
the living, in camp grounds, on whatever jobs or they can scrape
together: the 70,000,000 or more Americans unemployed or undremployed
who will be dependent on 500.00 or 600.00, from Social Security if the
Globalists don't eliminate it, would like to know when it is going to
pay off for them.
When the new World Order, share the wealth, level the global playing
field fulfill their dream we will share the poverty with the third world.
The mantra that Americans must adapt and learn to compete with the third
world means that parity means sharing the poverty.
Globalism is not about Americans and the American dream for them. It is
about taking America's wealth for their own.
When it takes a bushel basket of dollars to buy groceries we will know
we have finally arrived.


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